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He is the only player to have registered double figures in goals and assists in two of the past three seasons in the Premier League.

“I am so pleased to have joined City, a side playing great football under Pep Guardiola,” Mahrez said.

“Watching them from afar has been a pleasure. Pep is committed to playing attacking football, which is a perfect for me, and City’s performances last season were outstanding.

“They’re redefining the English game and I wanted to be a part of it.

Riyad Mahrez

“I think we can be successful over the coming years and I believe my own game can develop under Pep’s management.”

Mahrez was missing from City duty for ten days and two games after City rejected an offer of £50 million plus Patrick Roberts on transfer deadline day in January and City suffered a slump in form after the upheaval.

Mahrez submitted a transfer request which he later retracted.

Mahrez had also announced last summer his desire to leave the club but City rejected a £32 million offer from Roma.

City thanked Mahrez for his service in his four-and-a-half years of service after City plucked him out of the French second division in a £400,000 deal with Le Havre.

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“The football club would like to place on record its sincere thanks to Riyad for his major contribution to an incredible period of success since his arrival from French side Le Havre in January,” City said in a statement.

“In the four-and-a-half years since Riyad signed for the Foxes, he has played his way into the hearts of all Leicester City supporters. His moments of magic will live long in the memory as the club and its fans continue to build a long-term legacy for the success delivered by the teams to which Riyad so memorably contributed.

“Riyad leaves with the best wishes of everybody who has worked with him at Leicester City Football Club. He will be welcomed back to King Power Stadium as both an opposition player and a friend of the club.”